Active And Intelligent Packaging Market -By Type, Applications, Geography, Vendors And The Challengers - Forecasts, Trends And Shares (2014- 2019)
NEW YORK, April 7, 2015 /PRNewswire/ -- With the escalating levels of population growth, a huge burden is being placed on the food industry. To meet these requirements, an increasing number of countries and enterprises are exporting their food products across the world. This has given rise to the advent of packaging companies, who are providing solutions that expand the shelf life of the food products being transported. Traditional packaging products cannot meet the requirements of food products such as meat and other frozen foods. These constraints have given rise to new technologies like active and intelligent packaging which promote longevity and freshness in the food products being exported.
The Active and Intelligent packaging market is therefore witnessing a remarkable growth. There is an increase in demand for these packaging products because of changing lifestyles and the requirement of manufacturers to produce longer shelf life products. Strict Government regulations regarding food packaging and safety standards are other such factors which are contributing to this market growth.
The market for Active and Intelligent packaging is expected to grow at a CAGR of 9.25% to reach $21.41 billion by the end of 2019, from the current estimate of $13.75 billion. Some of the vendors mentioned in the report are BASF, Amcor Limited, Landec Corporation, Bemis, Rexam Plc and Sonoco.
Reasons to buy this report
1) The report gives complete market insights, discusses the driving forces of the market, accounts the challenges market faces and explains the different technologies and types of active and intelligent packaging.
2) It gives market trends by the types of active and intelligent packaging technology and by their applications.
3) A complete market breakdown has been done for different regions, along with the country level segmentation, to give a detailed picture of the market in that particular region.
4) The report also provides information on major vendors of active and intelligent packaging products, their existing share in the market, the strategies they adopt along with their major products, financials, recent developments which have happened and the profiles of these vendors.
Who is this report useful to?
1) Vendors who are into the manufacturing of these products as they can get an overview of what their competitors are doing, and also which markets they can look into to expand their operations.
2) Processed food suppliers in need of better understanding of different packaging technologies and products.
3) Investors who are willing to explore this market.
4) Consultants who can have readymade analysis to guide their clients
Anyone who is trying to understand the market from scratch to understand the investment opportunities that are present.
Read the full report: http://www.reportlinker.com/p02404925-summary/view-report.html
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